News for 'basis'

How Long Can India Absorb Rising Fuel Costs?

How Long Can India Absorb Rising Fuel Costs?

Rediff.com23 Mar 2026

India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.

Goldman Cuts India Market Outlook

Goldman Cuts India Market Outlook

Rediff.com27 Mar 2026

Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.

Anil Ambani, Reliance Communications Face New CBI Case Over Alleged Rs 3,750 Crore LIC Loss

Anil Ambani, Reliance Communications Face New CBI Case Over Alleged Rs 3,750 Crore LIC Loss

Rediff.com1 Apr 2026

The CBI has registered a new case against Anil Ambani and Reliance Communications Ltd for allegedly causing a loss of Rs 3,750 crore to the Life Insurance Corporation (LIC) of India.

Gains ahead for Bharti Airtel on multiple triggers, recent correction

Gains ahead for Bharti Airtel on multiple triggers, recent correction

Rediff.com10 Apr 2026

Despite recent share price dips, Bharti Airtel is strategically positioned for growth, driven by investments in data centres via Nxtra, a potential tariff hike, and strong performance in Africa, alongside efforts to deleverage and expand its subscriber base in underpenetrated rural markets.

Delhi Police Operation CyHawk 4.0 Leads to Mass Arrests in Cybercrime Sweep

Delhi Police Operation CyHawk 4.0 Leads to Mass Arrests in Cybercrime Sweep

Rediff.com8 Apr 2026

Delhi Police arrested over 600 people and rounded up over 8,300 suspects during Operation CyHawk 4.0, a large-scale crackdown on cybercrime.

Ceasefire in danger as Iran blocks Hormuz again after Israel attack

Ceasefire in danger as Iran blocks Hormuz again after Israel attack

Rediff.com8 Apr 2026

The fragile ceasefire in West Asia between the US and Iran to halt the hostilities in the region for two weeks faces renewed uncertainty as Tehran reportedly moved to block the strategic Strait of Hormuz once again due to Israel's intensified offensive against Hezbollah in Lebanon, according to Iranian state media Islamic Republic News Agency (IRNA), which US President Trump says was "not included" as part of the ceasefire deal.

Calcutta HC Grants Bail to Saradha Scam Accused Sudipta Sen, Ending 13-Year Jail Term

Calcutta HC Grants Bail to Saradha Scam Accused Sudipta Sen, Ending 13-Year Jail Term

Rediff.com8 Apr 2026

The Calcutta High Court has granted conditional bail to Sudipta Sen, the main accused in the multi-crore Saradha ponzi scheme, after 13 years of detention. The court cited the right to a speedy trial and Sen's prolonged detention as key factors in its decision.

NSE to introduce Dated Brent Crude Oil futures contract from Apr 13

NSE to introduce Dated Brent Crude Oil futures contract from Apr 13

Rediff.com29 Mar 2026

The National Stock Exchange (NSE) will launch Dated Brent Crude Oil (Platts) futures on April 13, offering a new hedging tool for market participants.

India's Defence Sector Set for 'Super Cycle' Driven by Geopolitics, Indigenous Push

India's Defence Sector Set for 'Super Cycle' Driven by Geopolitics, Indigenous Push

Rediff.com10 Apr 2026

India's defence sector is on the cusp of a 'super cycle' of growth, driven by escalating geopolitical conflicts and a strong policy push towards indigenous manufacturing, with major players like BEL, HAL, and BDL poised for significant order inflows and technological advancements.

The Clock In Islamabad Is Ticking. And The World Is Watching Anxiously...

The Clock In Islamabad Is Ticking. And The World Is Watching Anxiously...

Rediff.com9 Apr 2026

The delegations from the US and Iran head to Islamabad on Friday, carrying a ceasefire that is already fraying, a Strait that is technically open and practically closed, and a negotiating agenda that would challenge even parties actually negotiating in good faith, which these groups are not. Prem Panicker continues his must read blog on the Iran War.

Oil Price Tumbles as US-Iran Ceasefire Eases Geopolitical Tensions

Oil Price Tumbles as US-Iran Ceasefire Eases Geopolitical Tensions

Rediff.com8 Apr 2026

Crude oil prices experienced a significant drop following the announcement of a US-Iran ceasefire and the reopening of the Strait of Hormuz, leading to heavy selling by traders.

Interstate LeT Module Busted, Pakistani Terrorist Arrested in J&K

Interstate LeT Module Busted, Pakistani Terrorist Arrested in J&K

Rediff.com7 Apr 2026

Police in Jammu and Kashmir have dismantled a Lashkar-e-Taiba (LeT) module, arresting five individuals, including a Pakistani terrorist who had been on the run for 16 years. The operation exposed a network spanning multiple states and involving forged documents and identities.

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Cibil CEO: Lenders must engage with customers on credit usage, as they did during pandemic

Rediff.com8 Apr 2026

TransUnion Cibil CEO Bhavesh Jain highlights the improved retail portfolio quality in January but stresses the need for lenders to continuously engage with borrowers on credit usage and repayment, similar to the approach taken during the Covid-19 pandemic, as the impact of the Iran war on credit quality is still being assessed.

Smart Money Moves: From Home Loans To SIPs

Smart Money Moves: From Home Loans To SIPs

Rediff.com10 Apr 2026

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

London Court Upholds Nirav Modi Extradition Based on Indian Government Assurances

London Court Upholds Nirav Modi Extradition Based on Indian Government Assurances

Rediff.com26 Mar 2026

The London High Court has rejected Nirav Modi's petition to reopen his extradition case, citing the Indian government's assurances regarding his treatment in India as a key factor in their decision.

India Investigates Subsidised Paperboard Imports from China and Indonesia

India Investigates Subsidised Paperboard Imports from China and Indonesia

Rediff.com26 Mar 2026

India has initiated a probe into imports of subsidised paperboard from China and Indonesia following complaints from domestic manufacturers. The investigation will assess the impact of these imports on the Indian paper industry and determine if anti-subsidy duties are warranted.

Gulf War: Stocks That Tanked The Most

Gulf War: Stocks That Tanked The Most

Rediff.com14 Apr 2026

West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

India Investigates Subsidised Paperboard Imports from China and Indonesia

India Investigates Subsidised Paperboard Imports from China and Indonesia

Rediff.com26 Mar 2026

India has initiated a probe into imports of subsidised paperboard from China and Indonesia following complaints from domestic manufacturers. The investigation will assess the impact of these imports on the Indian paper industry and determine if anti-subsidy duties are warranted.

Odisha Police Investigate Case Against BJD MLA's Husband

Odisha Police Investigate Case Against BJD MLA's Husband

Rediff.com29 Mar 2026

Police visited the residence of BJD MLA Manorama Mohanty in connection with a case against her husband, who is accused of threatening a tehsildar. The BJD alleges political vendetta by the BJP.

India Dismisses US Religious Freedom Concerns as 'Distorted'

India Dismisses US Religious Freedom Concerns as 'Distorted'

Rediff.com2 Apr 2026

The Indian government has dismissed the US Commission on International Religious Freedom's (USCIRF) report on religious freedom in India, stating that it does not recognise the commission's authority to comment on the rights of Indian citizens.

Supreme Court: No personal hearing needed before banks tag loan accounts as fraud

Supreme Court: No personal hearing needed before banks tag loan accounts as fraud

Rediff.com8 Apr 2026

The Supreme Court has ruled that borrowers are not entitled to a personal hearing before banks classify their loan accounts as "fraud" under RBI directions, clarifying that a written response to a show-cause notice and access to the forensic audit report (with redactions) are sufficient for natural justice.

Shah Targets TMC, Cites Infiltration and Appeasement Politics in West Bengal

Shah Targets TMC, Cites Infiltration and Appeasement Politics in West Bengal

Rediff.com28 Mar 2026

Union Home Minister Amit Shah has criticised the TMC government in West Bengal, alleging that its policies have led to increased infiltration and threaten national security. He framed the upcoming elections as a battle against these issues, promising change if the BJP comes to power.

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rediff.com2 Apr 2026

The Indian rupee rebounded against the US dollar following intervention by the Reserve Bank of India, amidst ongoing concerns about foreign capital outflows, rising crude oil prices, and geopolitical instability.

SC Calls for Expedited Trials in North-East Racial Discrimination Cases

SC Calls for Expedited Trials in North-East Racial Discrimination Cases

Rediff.com1 Apr 2026

The Supreme Court has requested the Delhi High Court to prioritise and expedite trials in cases of racial discrimination against people from the North-East, highlighting the need for a productive timeline for adjudication of such sensitive matters.

LTCG: How to Save Tax on Property Deals

LTCG: How to Save Tax on Property Deals

Rediff.com8 Apr 2026

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions

Jio IPO Set To Break All Records

Jio IPO Set To Break All Records

Rediff.com4 Apr 2026

Only 2.5 per cent of the equity in Jio Platforms will be offloaded through the OFS route -- meant for secondary share sale.

NTPC Green Energy and Nxtra Data to Collaborate on Renewable Energy Solutions

NTPC Green Energy and Nxtra Data to Collaborate on Renewable Energy Solutions

Rediff.com24 Mar 2026

NTPC Green Energy Limited (NGEL) and Nxtra Data have signed an agreement to explore renewable energy project opportunities for Nxtra's data centres across India.

West Asia War Clouds RBI Outlook

West Asia War Clouds RBI Outlook

Rediff.com30 Mar 2026

Markets will look for clear guidance on how the MPC interprets the uncertainty and what it implies for the future course of monetary policy, points out Rajeswari Sengupta.

60 Drug Samples Fail Quality Standards in February: Health Ministry

60 Drug Samples Fail Quality Standards in February: Health Ministry

Rediff.com20 Mar 2026

The Central Drugs Laboratories identified 60 drug samples as 'not of standard quality' in February, while state labs found 134 substandard samples. Investigations are underway for spurious drugs manufactured by unauthorised companies.

Uzbekistan, Kyrgyzstan Women Held in Dehradun Over Forged Indian IDs

Uzbekistan, Kyrgyzstan Women Held in Dehradun Over Forged Indian IDs

Rediff.com29 Mar 2026

Police in Dehradun arrested two women from Uzbekistan and one from Kyrgyzstan for allegedly residing in the area with counterfeit Indian identification documents.

No IPL in Bangladesh! JioStar terminates broadcast deal

No IPL in Bangladesh! JioStar terminates broadcast deal

Rediff.com30 Mar 2026

JioStar has terminated its broadcast deals in Bangladesh for IPL 2026, saying its local partner defaulted on payments.

CAG Report Exposes Deficiencies in Odisha Prison Management and Security

CAG Report Exposes Deficiencies in Odisha Prison Management and Security

Rediff.com2 Apr 2026

A CAG report has revealed significant deficiencies in the management and security of prisons in Odisha, including shortages of staff, infrastructure, and equipment, raising concerns about the safety and welfare of inmates and the public.

India's Reliance On Strait Of Hormuz Exceeds Global Average

India's Reliance On Strait Of Hormuz Exceeds Global Average

Rediff.com10 Apr 2026

'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'

LPG Crisis Triggers Reverse Migration Across Cities

LPG Crisis Triggers Reverse Migration Across Cities

Rediff.com2 Apr 2026

'It would be similar to what happened during COVID-19.' 'They are not just losing income, but being pushed into distress.'

Chairman Exit Exposes HDFC Bank Power Clash: FT

Chairman Exit Exposes HDFC Bank Power Clash: FT

Rediff.com27 Mar 2026

The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns.

Hazoor Multi Projects Wins NHAI Road Project Contract

Hazoor Multi Projects Wins NHAI Road Project Contract

Rediff.com13 Mar 2026

Hazoor Multi Projects Ltd (HMPL) has been awarded a 27.15 crore contract by the National Highways Authority of India (NHAI) for fee collection and maintenance on a section of National Highway 48 in Karnataka.

UNSC to vote on Bahrain-led Hormuz resolution on Saturday amid opposition

UNSC to vote on Bahrain-led Hormuz resolution on Saturday amid opposition

Rediff.com3 Apr 2026

The UN Security Council will vote on a Bahrain-proposed resolution regarding the Strait of Hormuz, aiming to ensure freedom of navigation amid concerns and opposition from some members.

Suzuki Motorcycle India tempers FY27 growth forecast due to West Asia conflict, rising costs

Suzuki Motorcycle India tempers FY27 growth forecast due to West Asia conflict, rising costs

Rediff.com3 Apr 2026

Suzuki Motorcycle India Ltd (SMIPL) has revised its domestic two-wheeler sales growth estimate for FY27 downwards from 7-8 per cent, citing rising commodity costs due to the ongoing West Asia conflict and its impact on consumer affordability.

'Am I On Track For Rs 8 Cr Retirement Fund?

'Am I On Track For Rs 8 Cr Retirement Fund?

Rediff.com7 Apr 2026

Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.